The price is in a downtrend, and it is pulling back to resistance after breaking the range zone.
AUDJPY
tanked, then tested the border of the downward channel and rebounded. I think it will go down and test the support level because it broke the range zone; additionally, the trend shifted to bearish. The resistance near 97.000 was broken with a big red candle. It suggests that it was and is a significant zone. My goal is the support level at 96.170
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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